Nio and Sinopec have inked a strategic partnership deal to enhance the development of China’s smart electric vehicle industry. The two companies have unveiled the NIO Power Swap Station 2.0, Nio's inaugural second-generation battery swap station. The NIO Power Swap station is a one-of-a-kind mass-produced battery swap station that enhances vehicle maneuverability. The swap station is part of Nio (NIO) and Sinopec's efforts to offer a better charging and swapping experience for electric vehicle owners. Each station will come with 239 sensors designed to enable automatic maneuvering. It will also come with 4 collaborating cloud computing systems.